Israeli billionaire Beny Steinmetz is trapped in Greece after being briefly detained at an airport in Athens two weeks ago.

The sometime real estate investor was detained on an international arrest warrant on Nov. 24, Bloomberg reported. He was released within 24 hours under the condition that he remain in Greece. Greek and Romanian authorities coordinated the arrest, which stemmed from a bribery conviction in Romania.

Romania’s Supreme Court handed down a five-year sentence last December, overturning a lower court’s June 2019 decision to acquit Steinmetz and business partner Tal Silberstein. The high court ruled the pair collaborated with a Romanian businessman and the grandson of the former king in an attempt to defraud the state.

Steinmetz: found guilty of corruption by a Geneva court earlier this year. He was sentenced to five years in jail for bribing a Guinean public official to secure the rights to an iron-ore mine.

Steinmetz has been reported to be a major backer of New York condo developer HFZ Capital Group

December 09, 2021

https://therealdeal.com/2021/12/09/billionaire-beny-steinmetz-arrested/